An Inferior Good Is Less Durable Than a Normal Good

question 2

True/False

An inferior good is less durable than a normal good.

---

Definitions:

Bachelor's Degree

An undergraduate academic degree awarded by colleges and universities upon completion of a course of study lasting three to seven years, depending on the area of study.

Kenneth Clark

An American psychologist who, with his wife Mamie Clark, played a key role in the Brown v. Board of Education case with their research on racial bias in education.

Racial Segregation

The enforced separation of different racial groups within a community, institution, or country.

U.S. Schools

Educational institutions in the United States, ranging from primary to higher education, governed by federal, state, and local laws and regulations.